Fisqal® Module

Purchase Management

Complete procurement with vendor evaluation, automated PO processing, and real-time cost control.

Procurement Requirements

  • ✓ Requisition management
  • ✓ Multi-level approval workflows
  • ✓ Budget validation
  • ✓ Policy enforcement

Vendor Evaluation

  • ✓ Vendor qualification and scorecards
  • ✓ Contract management
  • ✓ Supplier risk assessment
  • ✓ Relationship tracking

Purchase Order Automation

  • ✓ Automatic PO generation
  • ✓ Electronic PO transmission
  • ✓ Delivery tracking
  • ✓ Returns and credit processing

Financial Processing

  • ✓ Real-time cost tracking
  • ✓ Three-way invoice matching
  • ✓ Budget variance analysis
  • ✓ Integrated financial reporting

Purchase Analytics

  • ✓ Spend dashboards
  • ✓ Vendor performance reports
  • ✓ Cost trend analysis
  • ✓ Procurement KPIs

Cost Control & Budgeting

  • ✓ Cost allocation and tracking
  • ✓ Spend limits and approvals
  • ✓ Cost center management
  • ✓ Variance reporting

Procurement process

1
Requisition→
2
Vendor Selection→
3
Purchase Order→
4
Goods Receipt→
5
Invoice Matching→
6
Payment & Analysis

Frequently Asked Questions

Common Questions

Does Fisqal® support three-way invoice matching?

Yes. The purchase module matches purchase orders, goods receipts, and vendor invoices automatically. Discrepancies are flagged for review before payment processing.

Can I automate purchase approvals?

Yes. Multi-level approval workflows route purchase requisitions and orders based on amount, category, department, or any custom criteria. Approvers receive notifications and can approve from mobile.

Streamline your procurement

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